This Agreement is a legally binding document. Please read it carefully and ensure that it includes everything required by both parties and nothing that either party is not prepared to agree. Where a party to this Agreement is unsure of their obligations and responsibilities under this Agreement then it is advised they seek independent legal advice before signing.
BUSINESS LEASE
("the Lease")
for the Private Sector in England and Wales
DEFINITIONS AND INTERPRETATIONS
1. DATE OF LEASE:
________
2. TITLE NUMBER:
Property is unregistered.
3. OTHER RELEVANT TITLE NUMBERS:
There are no other title numbers which shall be affected by the Lease.
4. PARTIES TO THE LEASE:
A. Landlord:
________
("the Landlord")
The Landlord's address for service of proceedings and notices under the Lease is:
________
B. Tenant:
________
("The Tenant")
The Tenant's address for service of proceedings and notices under the Lease is:
________
5. THE PROPERTY
The property means the building and any land known as:
________
with the rights for the Tenant set out in schedule 1 THE RIGHTS GRANTED and with the rights for the Landlord set out in schedule 2 THE RIGHTS RETAINED.
6. INTEREST RATE:
The rate of any interest under this agreement is 4% (four percent) a year above the base lending rate of the Bank of England.
7. RENT:
The rate of Rent and the Schedule for Payment is £________ (________) a month.
8. DEPOSIT
The Deposit is the sum of £________ (________).
9. THE TERM
The Term of the Lease is ________ year from and including ________ together with any subsequent period when the Tenant remains in the Property.
10. TERMINATION
Termination shall mean the legal end to the Lease, howsoever caused.
TERMS OF THE LEASE:
1. LETTING
a. The Landlord lets the Property to the Tenant for the Term.
b. The Landlord grants the rights set out in schedule 1 THE RIGHTS GRANTED to the Tenant and excepts and reserves the rights set out in schedule 2 THE RIGHTS RETAINED.
c. Both the Landlord and the Tenant agree to comply with their obligations as set out in the Lease.
2. RENT AND INTEREST
a. The Tenant must pay the Rent to the Landlord during the Term under the Schedule for Payment.
b. The days (the Rent Days) for the payment of Rent shall be:
________
c. The first Rent Day is: ________.
d. The Rent must be paid by the Tenant without any deductions or set-offs (whether legal or equitable).
e. The method for the payment of rent to the Landlord is: ________.
f. Interest is payable for any sums due by the Tenant to the Landlord where they are unpaid after the relevant due date.
g. All sums due to be paid by the Tenant under this lease are expressed exclusive of VAT and the Tenant must in addition pay the full amount of any VAT or other similar tax on those sums for which the Landlord or other person entitled to the payments is from time to time accountable.
3. OUTGOINGS
a. The Tenant is solely responsible for the payment of all outgoings relating to the property including:
________
b. The Tenant indemnifies the Landlord against any loss arising from the Tenant's failure to pay rates payable for the above outgoings in respect of the Property.
4. STATE AND CONDITION
a. The Tenant must keep the Property in good repair and condition, properly maintained and decorated and reasonably clean and tidy and free from rubbish although this obligation does not extend to keeping the Property in any better state of repair and condition than it is at the date of this lease.
b. The Tenant must keep the service media that are contained in and only serve the Property free from obstruction and in working order.
c. The Tenant must take all necessary precautions against frost damage to the pipes, sewers, drains, mains, ducts, conduits, gutters, watercourses, wires, cables, laser optical fibres, data or impulse transmission, communication or reception systems, channels, flues and other conducting media.
d. The Tenant must take all necessary care and precautions to avoid water damage to any other part of the Property caused by the bursting or overflowing of any pipe or water apparatus in the Property.
e. The Tenant must not damage or injure the Property, make any alteration to the Property, unite the Property with any adjoining premises or make any alteration to the Property or to the services or service media in the Property.
f. The Tenant must not erect any pole or mast or display any sign on the Property or install any cable or wire outside it except with the Landlord's consent which is not to be unreasonably withheld or delayed.
5. RIGHTS OF ENTRY
The Tenant must allow the Landlord, (together with any necessary contractors and workmen) to enter the Property where:
I. the landlord has provided reasonable notice during normal business hours, or in the event of emergency at any time without notice, causing as little inconvenience to the Tenant as reasonably practicable; and
II. where it is necessary for the Landlord to gain such entry in order to comply with any legal requirement and/or its legal obligations as a Landlord.
6. DEALINGS
This lease is personal to the Tenant and the Tenant must not assign, sublet, charge or part with possession of the Property or any part of it and must not hold the Property on trust for another.
7. USE AND NUISANCE
a. The Tenant must only use the Property as the following type of property:
________
b. The Tenant must not use the Property for any auction sale, any dangerous, noxious, noisy or offensive trade, business, manufacture or occupation or any illegal or immoral act or purpose.
c.The Tenant must not use the Property as sleeping accommodation or for residential purposes.
d. The Tenant must comply with all the requirements of any legislation (and any other obligations imposed by law or by any bye-laws) applicable to the Property or the trade or business for the time being carried on there.
e. The Tenant must comply with the provisions and requirements of all planning legislation affecting the Property. If the Tenant breaches any planning controls he must bear all the consequences of doing so whether they arise during the Term or after the end of it.
f. The Tenant must not make any application for planning permission without the consent of the Landlord whose consent may not be unreasonably withheld or delayed.
g. The Tenant must not do anything on the Property that may be reasonably considered to be a nuisance or annoyance to the Landlord or the owners or occupiers of neighbouring property.
8. COSTS OF ENFORCEMENT
The Tenant must pay the Landlord's reasonable costs, fees, charges, disbursements and expenses properly incurred in relation to or incidental to the recovery or attempted recovery of arrears of rent or other sums due under this lease or any other steps taken in contemplation of or in direct connection with enforcement of the obligations on the part of the Tenant under this lease.
9. NOTICES AND INFORMATION
The Tenant must give notice to the Landlord as soon as reasonably practicable of:
I. any disrepair of or damage to the Property;
II. any notice or order he receives from a local or statutory authority in respect of the Property; and
III. any act by a tenant or occupant of any neighboring property or a third party that might adversely affect the Landlord's interest in the Property.
10. SECURITY AND KEYHOLDERS
The Tenant must keep the Property secure and must ensure that at all times the Landlord has written notice of the name, home address and home telephone number of at least one key holder of the Property.
11. 255582 8885 2855555588 88 55825885588
________. 552 522522 2582 2882 858522 2288288822 22 252 25222522 8582 22 252 25258255 22 52528252822 82 252 82522 22 522585 525 822582822 822882825 82 885582 2 55855 888 888855588, 2882 52 588 2228 22 252 25222522 22 252 25258255 525 522282 222522'8 28525528 525 28228228 82 528528225 22 52 82 82 252 25258255 525 588 88228 252 52 82 252 522522, 82225852282 252822 2225 522 552522 855825 82 25285 5222858.
________. 552 522522 8888 82 52822288882 225 2222822 588 5258225882 5222858 525 8225522 8555228 82 82228 22 25222522 525 8282228228 552 8222 82 252 25222522 52 252 225 22 252 5252. 552 25258255 8888 522282 525 82252 252 82228 225 5 2558252 22 222 22225. 552 25258255 8888 222822 252 522522 2552 2588 558 8222 5222 52 252 522522'8 8582 22282 5555288. 52 252 82228 552 222 828828225 882582 222 22225, 252 25258255 252 5882282 22 252 82228 525 252 522522 8888 82 885882 225 252 5258225882 82828 22 58822858. 552 82828 252 82 52558225 2522 522 8582 25282258 525 82 25252 552 522 82828 522582822 2522 8888 522582 252 522522'8 885888822.
12. 888-85555888885
552 25258255 2582 225282 252 522522 225825882 22 5285 525 22222 252 25222522 555822 252 2225282 8525225 82 2588 82582 8825252 522 822255522822 25 58825585282 2522 25 82 252 25258255 25 522 225822 88582822 52525 25 82 25582 225 582.
13. INSURANCE
a. It is the Landlord's obligation to insure the Property against damage or destruction by fire and other usual risks for the full cost of rebuilding and reinstating the Property unless the insurance is rendered void or made invalid by any deliberate act of the Tenant or by anyone under his control.
b. If the Property or any part of it is damaged by any risk against which it is insured (or by any risk against which cover is not generally available or is only available on terms making it unreasonable to take out cover) so as to be unfit for occupation the Rent, or a fair proportion of it, shall be suspended until the Property, or the affected part, is fit for occupation. This provision does not apply where payment of any insurance money is wholly or partly refused because of any deliberate act or default of the Tenant or anyone under his control.
c. The Landlord must if practicable reinstate the Property or any part damaged by any risk against which it is insured (or by any risk against which cover is not generally available or is only available on terms making it unreasonable to take out cover) and if he fails to do so within a reasonable time the Tenant shall be entitled to treat this lease as at an end. This provision does not apply where payment of any insurance money is wholly or partly refused because of any deliberate act or default of the Tenant or anyone under his control.
d. The Tenant must not do anything or fail to comply with any requirement as a result of which the policy of insurance taken out by the Landlord in relation to the Property may become void or voidable or invalidated or by which the rate of premium on the policy may be increased.
e. The Landlord must provide the Tenant with a summary of the risks covered by the policy of insurance and of any requirements of the insurers of which the Tenant needs to be aware and the Landlord must notify the Tenant of any material change in those risks or requirements from time to time.
14. RECOVERY OF POSSESSION
The Lease shall be lawfully terminated and the Landlord may recover possession of the Property where any of the following apply:
a. the Rent is unpaid for fourteen days after becoming due as per the terms of the Lease, whether formally demanded or not; or
b. there is a breach by the Tenant of any obligation or other term of the Lease; or
c. where the Tenant:
I) is unable to or ceases to pay its debts (under the definition provided by section 123 of the Insolvency Act 1986); or
II) has obtained a moratorium under Part A1 of the Insolvency Act 1986; or
III) becomes the subject of a Company Voluntary Arrangement under the Insolvency Act 1986; or
IV) becomes the subject of a scheme arrangement under Part 26 of the Companies Act 2006; or
V) becomes the subject of a restructuring plan under Part 26A of the Companies Act 2006; or
VI) passes a resolution, or has an order made for, the appointment of a receiver; or
VII) passes a resolution, or an order made for, its winding up.
15. EXCLUSION OF THE LANDLORD AND TENANT ACT
The Landlord has served notice on the Tenant pursuant to the provisions of the Landlord and Tenant Act 1954 section 38A(3) and on the Tenant has made a declaration, either simple or statutory as required, pursuant to Schedule 2 of the Regulatory Reform (Business Tenancies) (England and Wales) Order 2003. The relevant notice and declaration are attached to this lease.
16. THE DEPOSIT
a. The Tenant must pay the full Deposit to the Landlord on or before the date of the Lease commencing.
b. The Landlord may retain from the Deposit any sums necessary to reimburse the Landlord for any losses suffered (and any interest owed) as a result of any Breach of the Lease by the Tenant.
c. Subject to any deductions in accordance with the above clause, the Landlord must return the Deposit to the Tenant within fourteen days of the end of the Term.
17. JURISDICTION
The Lease and all disputes in respect of it shall be governed by the jurisdiction of England and Wales.
18. THIRD PARTY RIGHTS
There shall be no rights in respect of the Lease under the Contracts (Rights of Third Parties) Act 1999.
No further rights are granted.
SCHEDULE 2: THE RIGHTS RETAINED
No rights are retained.
Landlord
THIS DOCUMENT HAS BEEN DULY EXECUTED AND DELIVERED AS A DEED BY
________ acting by the authorised signature of:
(1) Name of signatory:
Signature:
Title (Director/Secretary):
Date:
witnessed by:
Name:
Signature:
Date:
Address:
Tenant
THIS DOCUMENT HAS BEEN DULY EXECUTED AND DELIVERED AS A DEED BY
________ acting by the authorised signature of:
(1) Name of signatory:
Signature:
Title (Director/Secretary):
Date:
witnessed by:
Name:
Signature:
Date:
Address:
This Agreement is a legally binding document. Please read it carefully and ensure that it includes everything required by both parties and nothing that either party is not prepared to agree. Where a party to this Agreement is unsure of their obligations and responsibilities under this Agreement then it is advised they seek independent legal advice before signing.
BUSINESS LEASE
("the Lease")
for the Private Sector in England and Wales
DEFINITIONS AND INTERPRETATIONS
1. DATE OF LEASE:
________
2. TITLE NUMBER:
Property is unregistered.
3. OTHER RELEVANT TITLE NUMBERS:
There are no other title numbers which shall be affected by the Lease.
4. PARTIES TO THE LEASE:
A. Landlord:
________
("the Landlord")
The Landlord's address for service of proceedings and notices under the Lease is:
________
B. Tenant:
________
("The Tenant")
The Tenant's address for service of proceedings and notices under the Lease is:
________
5. THE PROPERTY
The property means the building and any land known as:
________
with the rights for the Tenant set out in schedule 1 THE RIGHTS GRANTED and with the rights for the Landlord set out in schedule 2 THE RIGHTS RETAINED.
6. INTEREST RATE:
The rate of any interest under this agreement is 4% (four percent) a year above the base lending rate of the Bank of England.
7. RENT:
The rate of Rent and the Schedule for Payment is £________ (________) a month.
8. DEPOSIT
The Deposit is the sum of £________ (________).
9. THE TERM
The Term of the Lease is ________ year from and including ________ together with any subsequent period when the Tenant remains in the Property.
10. TERMINATION
Termination shall mean the legal end to the Lease, howsoever caused.
TERMS OF THE LEASE:
1. LETTING
a. The Landlord lets the Property to the Tenant for the Term.
b. The Landlord grants the rights set out in schedule 1 THE RIGHTS GRANTED to the Tenant and excepts and reserves the rights set out in schedule 2 THE RIGHTS RETAINED.
c. Both the Landlord and the Tenant agree to comply with their obligations as set out in the Lease.
2. RENT AND INTEREST
a. The Tenant must pay the Rent to the Landlord during the Term under the Schedule for Payment.
b. The days (the Rent Days) for the payment of Rent shall be:
________
c. The first Rent Day is: ________.
d. The Rent must be paid by the Tenant without any deductions or set-offs (whether legal or equitable).
e. The method for the payment of rent to the Landlord is: ________.
f. Interest is payable for any sums due by the Tenant to the Landlord where they are unpaid after the relevant due date.
g. All sums due to be paid by the Tenant under this lease are expressed exclusive of VAT and the Tenant must in addition pay the full amount of any VAT or other similar tax on those sums for which the Landlord or other person entitled to the payments is from time to time accountable.
3. OUTGOINGS
a. The Tenant is solely responsible for the payment of all outgoings relating to the property including:
________
b. The Tenant indemnifies the Landlord against any loss arising from the Tenant's failure to pay rates payable for the above outgoings in respect of the Property.
4. STATE AND CONDITION
a. The Tenant must keep the Property in good repair and condition, properly maintained and decorated and reasonably clean and tidy and free from rubbish although this obligation does not extend to keeping the Property in any better state of repair and condition than it is at the date of this lease.
b. The Tenant must keep the service media that are contained in and only serve the Property free from obstruction and in working order.
c. The Tenant must take all necessary precautions against frost damage to the pipes, sewers, drains, mains, ducts, conduits, gutters, watercourses, wires, cables, laser optical fibres, data or impulse transmission, communication or reception systems, channels, flues and other conducting media.
d. The Tenant must take all necessary care and precautions to avoid water damage to any other part of the Property caused by the bursting or overflowing of any pipe or water apparatus in the Property.
e. The Tenant must not damage or injure the Property, make any alteration to the Property, unite the Property with any adjoining premises or make any alteration to the Property or to the services or service media in the Property.
f. The Tenant must not erect any pole or mast or display any sign on the Property or install any cable or wire outside it except with the Landlord's consent which is not to be unreasonably withheld or delayed.
5. RIGHTS OF ENTRY
The Tenant must allow the Landlord, (together with any necessary contractors and workmen) to enter the Property where:
I. the landlord has provided reasonable notice during normal business hours, or in the event of emergency at any time without notice, causing as little inconvenience to the Tenant as reasonably practicable; and
II. where it is necessary for the Landlord to gain such entry in order to comply with any legal requirement and/or its legal obligations as a Landlord.
6. DEALINGS
This lease is personal to the Tenant and the Tenant must not assign, sublet, charge or part with possession of the Property or any part of it and must not hold the Property on trust for another.
7. USE AND NUISANCE
a. The Tenant must only use the Property as the following type of property:
________
b. The Tenant must not use the Property for any auction sale, any dangerous, noxious, noisy or offensive trade, business, manufacture or occupation or any illegal or immoral act or purpose.
c.The Tenant must not use the Property as sleeping accommodation or for residential purposes.
d. The Tenant must comply with all the requirements of any legislation (and any other obligations imposed by law or by any bye-laws) applicable to the Property or the trade or business for the time being carried on there.
e. The Tenant must comply with the provisions and requirements of all planning legislation affecting the Property. If the Tenant breaches any planning controls he must bear all the consequences of doing so whether they arise during the Term or after the end of it.
f. The Tenant must not make any application for planning permission without the consent of the Landlord whose consent may not be unreasonably withheld or delayed.
g. The Tenant must not do anything on the Property that may be reasonably considered to be a nuisance or annoyance to the Landlord or the owners or occupiers of neighbouring property.
8. COSTS OF ENFORCEMENT
The Tenant must pay the Landlord's reasonable costs, fees, charges, disbursements and expenses properly incurred in relation to or incidental to the recovery or attempted recovery of arrears of rent or other sums due under this lease or any other steps taken in contemplation of or in direct connection with enforcement of the obligations on the part of the Tenant under this lease.
9. NOTICES AND INFORMATION
The Tenant must give notice to the Landlord as soon as reasonably practicable of:
I. any disrepair of or damage to the Property;
II. any notice or order he receives from a local or statutory authority in respect of the Property; and
III. any act by a tenant or occupant of any neighboring property or a third party that might adversely affect the Landlord's interest in the Property.
10. SECURITY AND KEYHOLDERS
The Tenant must keep the Property secure and must ensure that at all times the Landlord has written notice of the name, home address and home telephone number of at least one key holder of the Property.
11. 255582 8885 2855555588 88 55825885588
________. 552 522522 2582 2882 858522 2288288822 22 252 25222522 8582 22 252 25258255 22 52528252822 82 252 82522 22 522585 525 822582822 822882825 82 885582 2 55855 888 888855588, 2882 52 588 2228 22 252 25222522 22 252 25258255 525 522282 222522'8 28525528 525 28228228 82 528528225 22 52 82 82 252 25258255 525 588 88228 252 52 82 252 522522, 82225852282 252822 2225 522 552522 855825 82 25285 5222858.
________. 552 522522 8888 82 52822288882 225 2222822 588 5258225882 5222858 525 8225522 8555228 82 82228 22 25222522 525 8282228228 552 8222 82 252 25222522 52 252 225 22 252 5252. 552 25258255 8888 522282 525 82252 252 82228 225 5 2558252 22 222 22225. 552 25258255 8888 222822 252 522522 2552 2588 558 8222 5222 52 252 522522'8 8582 22282 5555288. 52 252 82228 552 222 828828225 882582 222 22225, 252 25258255 252 5882282 22 252 82228 525 252 522522 8888 82 885882 225 252 5258225882 82828 22 58822858. 552 82828 252 82 52558225 2522 522 8582 25282258 525 82 25252 552 522 82828 522582822 2522 8888 522582 252 522522'8 885888822.
12. 888-85555888885
552 25258255 2582 225282 252 522522 225825882 22 5285 525 22222 252 25222522 555822 252 2225282 8525225 82 2588 82582 8825252 522 822255522822 25 58825585282 2522 25 82 252 25258255 25 522 225822 88582822 52525 25 82 25582 225 582.
13. INSURANCE
a. It is the Landlord's obligation to insure the Property against damage or destruction by fire and other usual risks for the full cost of rebuilding and reinstating the Property unless the insurance is rendered void or made invalid by any deliberate act of the Tenant or by anyone under his control.
b. If the Property or any part of it is damaged by any risk against which it is insured (or by any risk against which cover is not generally available or is only available on terms making it unreasonable to take out cover) so as to be unfit for occupation the Rent, or a fair proportion of it, shall be suspended until the Property, or the affected part, is fit for occupation. This provision does not apply where payment of any insurance money is wholly or partly refused because of any deliberate act or default of the Tenant or anyone under his control.
c. The Landlord must if practicable reinstate the Property or any part damaged by any risk against which it is insured (or by any risk against which cover is not generally available or is only available on terms making it unreasonable to take out cover) and if he fails to do so within a reasonable time the Tenant shall be entitled to treat this lease as at an end. This provision does not apply where payment of any insurance money is wholly or partly refused because of any deliberate act or default of the Tenant or anyone under his control.
d. The Tenant must not do anything or fail to comply with any requirement as a result of which the policy of insurance taken out by the Landlord in relation to the Property may become void or voidable or invalidated or by which the rate of premium on the policy may be increased.
e. The Landlord must provide the Tenant with a summary of the risks covered by the policy of insurance and of any requirements of the insurers of which the Tenant needs to be aware and the Landlord must notify the Tenant of any material change in those risks or requirements from time to time.
14. RECOVERY OF POSSESSION
The Lease shall be lawfully terminated and the Landlord may recover possession of the Property where any of the following apply:
a. the Rent is unpaid for fourteen days after becoming due as per the terms of the Lease, whether formally demanded or not; or
b. there is a breach by the Tenant of any obligation or other term of the Lease; or
c. where the Tenant:
I) is unable to or ceases to pay its debts (under the definition provided by section 123 of the Insolvency Act 1986); or
II) has obtained a moratorium under Part A1 of the Insolvency Act 1986; or
III) becomes the subject of a Company Voluntary Arrangement under the Insolvency Act 1986; or
IV) becomes the subject of a scheme arrangement under Part 26 of the Companies Act 2006; or
V) becomes the subject of a restructuring plan under Part 26A of the Companies Act 2006; or
VI) passes a resolution, or has an order made for, the appointment of a receiver; or
VII) passes a resolution, or an order made for, its winding up.
15. EXCLUSION OF THE LANDLORD AND TENANT ACT
The Landlord has served notice on the Tenant pursuant to the provisions of the Landlord and Tenant Act 1954 section 38A(3) and on the Tenant has made a declaration, either simple or statutory as required, pursuant to Schedule 2 of the Regulatory Reform (Business Tenancies) (England and Wales) Order 2003. The relevant notice and declaration are attached to this lease.
16. THE DEPOSIT
a. The Tenant must pay the full Deposit to the Landlord on or before the date of the Lease commencing.
b. The Landlord may retain from the Deposit any sums necessary to reimburse the Landlord for any losses suffered (and any interest owed) as a result of any Breach of the Lease by the Tenant.
c. Subject to any deductions in accordance with the above clause, the Landlord must return the Deposit to the Tenant within fourteen days of the end of the Term.
17. JURISDICTION
The Lease and all disputes in respect of it shall be governed by the jurisdiction of England and Wales.
18. THIRD PARTY RIGHTS
There shall be no rights in respect of the Lease under the Contracts (Rights of Third Parties) Act 1999.
No further rights are granted.
SCHEDULE 2: THE RIGHTS RETAINED
No rights are retained.
Landlord
THIS DOCUMENT HAS BEEN DULY EXECUTED AND DELIVERED AS A DEED BY
________ acting by the authorised signature of:
(1) Name of signatory:
Signature:
Title (Director/Secretary):
Date:
witnessed by:
Name:
Signature:
Date:
Address:
Tenant
THIS DOCUMENT HAS BEEN DULY EXECUTED AND DELIVERED AS A DEED BY
________ acting by the authorised signature of:
(1) Name of signatory:
Signature:
Title (Director/Secretary):
Date:
witnessed by:
Name:
Signature:
Date:
Address:
Answer the question, then click on "Next".
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